NAB files another reference against Ahad Cheema over new evidences
ISLAMABAD – National Accountability Bureau (NAB) on Saturday has decided to file another reference against former director general of Lahore Development Authority (LDA) Ahad Cheema.
According to details, the bureau has found new evidence against the accused during the investigation of River Ravi Zone Front Development Project after which it has decided to register another case against him.
Earlier, NAB, during hearing, adopted the stance Punjab Land Development Company inked the agreement on Jan-20, 2015 with Paragon Housing Society to construct the Ashiana-e-Iqbal Housing Society whereas as much as 16000 underprivileged citizens submitted money worth Rs610 mln.
Legal counsel of anti-graft watchdog further went on to say that project had not been completed yet.
NAB officials held that it is illegal to award contract over Rs150 mln and that the provincial exchequer suffered loss worth Rs640.50 mln owing to incompetency of the companies.